menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Economics Study Set 8
  4. Exam
    Exam 34: The Influence of Monetary and Fiscal Policy on Aggregate Demand
  5. Question
    If the Spending Multiplier Is 8, Then the Marginal Propensity
Solved

If the Spending Multiplier Is 8, Then the Marginal Propensity

Question 159

Question 159

True/False

If the spending multiplier is 8, then the marginal propensity to consume must be 7/8.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q154: Figure 34-9 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7555/.jpg" alt="Figure 34-9

Q155: A severe problem that many economists have

Q156: Fiscal policy refers to the idea that

Q157: When the interest rate is above equilibrium,

Q158: Figure 34-12 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7555/.jpg" alt="Figure 34-12

Q160: Suppose that consumers become pessimistic about the

Q161: Figure 34-7<br>(a) The Money Market<br>(b) The Aggregate

Q162: Figure 34-4 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7555/.jpg" alt="Figure 34-4

Q163: It is likely that a constitutional amendment

Q164: A decrease in taxes will shift aggregate

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines